RNS Number : 1528L
07 August 2013

7 August 2013


SABMiller Bond Issue



SABMiller plc (the "Company") announces that on 6 August 2013 its wholly-owned subsidiary SABMiller Holdings Inc. (the "Issuer") successfully priced a US$1,100,000,000 bond issue. The notes (the "Notes") will be guaranteed by the Company and will be issued pursuant to Rule 144A and Regulation S under the US Securities Act of 1933, as amended (the "Act"), in two tranches:


US$750,000,000 of 5 year fixed rate notes with a coupon of 2.20%


US$350,000,000 of 5 year floating rate notes with a coupon of 0.69% over 3-month LIBOR


The net proceeds will be used by the Issuer to repay the remaining outstanding bank borrowings incurred to finance the acquisition of Foster's Group Limited in December 2011, and the balance for general corporate purposes.


The issue is scheduled to close on 13 August 2013, subject to customary conditions. Application will be made to the Irish Stock Exchange for the Notes to be admitted to its Official List and to trading on its Regulated Market.


This announcement may not be distributed, directly or indirectly, in or into the United States, Canada, Australia or Japan. It does not constitute an offer to sell or the solicitation of an offer to buy securities referred to herein or an invitation or inducement to purchase such securities.


The Notes have not been and will not be, registered under the Act and may not be offered or sold in the United States (as such term is defined in Regulation S under the Act) unless they are registered under the Act or pursuant to an exemption from registration. No public offer of the Notes is being made in the United States.


This announcement does not constitute or form part of any offer or any solicitation to purchase nor shall it, or the fact of its distribution, form the basis of, or be relied on, in any purchase. This announcement and any subsequent offer of securities may be restricted by law in certain jurisdictions and persons receiving this announcement or any subsequent offer should inform themselves about and observe any such restriction. Failure to comply with such restrictions may violate securities laws of any such jurisdiction.


Any application for or purchase of securities issued by the Issuer should only be made on the basis of the information contained in the prospectus, expected to be approved by the Central Bank of Ireland on 8 August 2013, and any supplement or amendment thereto. The prospectus contains detailed information about the Issuer, the Company and their management, as well as financial statements and other financial data relating to the Company.



About SABMiller plc

SABMiller is one of the world's largest brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. The group's wide portfolio includes global brands such as PilsnerUrquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as leading local brands such as Aguila (Colombia), Castle (South Africa), Miller Lite (USA), Snow (China), Victoria Bitter (Australia) and Tyskie (Poland). SABMiller also has growing soft drinks businesses and is one of the world's largest bottlers of Coca-Cola products.

In the year ended 31 March 2013, the group reported EBITA of US$6,421 million and group revenue of US$34,487 million.  SABMiller plc is listed on the London and Johannesburg stock exchanges.


This announcement is available on the company website: www.sabmiller.com

High resolution images are available for the media to view and download free of charge from the News and Media section of www.sabmiller.com or www.newscast.co.uk


SABMiller plc

Tel: +44 20 7659 0100

Catherine May

Director of Corporate Affairs

Tel: +44 20 7927 4709

David Mallac

Group Treasurer

Tel: +44 1483 264187

Gary Leibowitz

Senior Vice President, Investor Relations

Tel: +44 20 7659 0174

Richard Farnsworth

Business Media Relations Manager

Tel: +44 20 7659 0188


This information is provided by RNS
The company news service from the London Stock Exchange